Launch of new Livelihoods Carbon Fund
A new impact investment fund, with a target of 100 million euros, aims at improving the lives of 2 million people and avoiding the emissions of up to 25 million tons of CO2 over a 20-year span. Officially launched on 11 December 2017, the fund was announced a day before the One Planet Summit in Paris.
The 8 companies investing in this new fund have been committed in the first Livelihoods Carbon Fund since 2011. Now, they are aiming to increase the scale and the number of projects which fight climate change by restoring ecosystems which provide vital resources to the most vulnerable populations.